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It's fun watching Trump's Latest Scam flush down the toilet

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Apr 9, 2024.

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  1. NewRoxFan

    NewRoxFan Member

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    #21 NewRoxFan, Apr 16, 2024
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  2. NewRoxFan

    NewRoxFan Member

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    LOL... "a fool and his money..."

     
    #22 NewRoxFan, Apr 16, 2024
  3. NewRoxFan

    NewRoxFan Member

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    #23 NewRoxFan, Apr 16, 2024
  4. NewRoxFan

    NewRoxFan Member

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    Dark Brandon FTW...

     
    #24 NewRoxFan, Apr 16, 2024
    Ottomaton, adoo, superfob and 3 others like this.
  5. AroundTheWorld

    AroundTheWorld Member

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    While everyone laughs at the stock price going down (which is inevitable), I wonder if he was able to sell any of the stock? Has he been locked up from selling?
     
    #25 AroundTheWorld, Apr 16, 2024
  6. Buck Turgidson

    Buck Turgidson Member

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    6 month no-sell contract stipulation, expires in about 3 months, iirc

    Eta: all the other board members and angel investors have the same clause
     
    #26 Buck Turgidson, Apr 16, 2024
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  7. Xopher

    Xopher Member

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    I thought he was locked up 6 months from the time it went public

    EDIT: "The company also noted that the filing did not alter a six-month restriction Mr. Trump and other big shareholders from selling their shares before sometime in late September."
     
    #27 Xopher, Apr 16, 2024
    Last edited: Apr 16, 2024
    No Worries and Buck Turgidson like this.
  8. NewRoxFan

    NewRoxFan Member

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    #28 NewRoxFan, Apr 18, 2024
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  9. Xopher

    Xopher Member

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    I thought they were capitalists.
     
    #29 Xopher, Apr 18, 2024
  10. hooroo

    hooroo Member

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    #30 hooroo, Apr 18, 2024
  11. CCorn

    CCorn Member

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    I was one of the first employees for a startup that Tilman purchased with a blank check company. Ended up being worthless after making it to a 1 billion dollar evaluation… our revenue was 6x truth social at IPO for a 311 million dollar valuation.

    this is the biggest scam stock ever.
     
    #31 CCorn, Apr 18, 2024
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  12. adoo

    adoo Member

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    remember the infamous Trump bootlegger,


    Nunes resigned his seat representing a California district in the House of Representatives in late 2021 to become the head of Trump Media when it was privately held. The company became publicly traded last month
    as a result of a merger with a shell company.

    after witnessing the gravity-like drop in the stock price of Trump media, Nunes wrote a letter to the SEC complaining about naked short selling of the newly publicly traded. SPAC. Nunnes complained that
    such actions by Citadel Securities and other trading firms could be illegal.

    Citadek blasted Nunnes' conveninet accusation. https://www.nbcnewyork.com/news/bus...-nunes-over-djt-short-selling-letter/5336848/


    "Devin Nunes is the proverbial loser who tries to blame 'naked short selling' for his falling stock price,"
    said a spokesperson for Citadel Securities.

    "Nunes is exactly the type of person Donald Trump would have fired on The Apprentice," said the spokesperson referring to the former Republican president's business competition reality TV show.

    "If he [Nunes] worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do," the spokesperson added.​



    ​
     
    #32 adoo, Apr 19, 2024
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  13. FrontRunner

    FrontRunner Member

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    Shares of Trump's media firm near record low following his return to X

    By Harshita Mary Varghese
    August 14, 20242:18 PM EDTUpdated 3 hours ago

    Aug 14 (Reuters) - Shares of former U.S. President Donald Trump's media company dipped and neared record lows on Wednesday, following weak quarterly results and the Republican presidential candidate's return to social media platform X.

    Trump's dwindling lead in polls and election betting markets in recent weeks has also hit the stock, which has been seen by some retail traders as a bet on whether Trump would win a second term.

    Trump majority owns Trump Media & Technology Group (DJT.O), opens new tab, whose main asset is the Truth Social app popular among some conservatives.

    On Tuesday, Trump marked his return to X with an interview with the platform owner Elon Musk.

    Twitter suspended Trump's account in January 2021, but it was reinstated by Musk in 2022 after he bought the site and took it private. The former president has made several posts in recent days.

    As many as 1.3 million people tuned in to the lengthy conversation where the pair discussed topics ranging from the assassination attempt on Trump to geopolitics and the economy.

    The fact that the conversation took place on X instead of Trump's rival platform Truth Social highlighted to investors that the latter remains a niche player in the social media landscape, analysts said.

    "The decision to broadcast the chat with Musk on X was something of a slap in the face for Trump investors who must be feeling rather unloved and a little disrespected," said Dannie Hewson, head of financial analysis at AJ Bell.


    Continued...
     
    #33 FrontRunner, Aug 14, 2024
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  14. adoo

    adoo Member

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    [​IMG]​
     
    #34 adoo, Sep 7, 2024
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  15. adoo

    adoo Member

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    Trump's Wipe House,


    The value of Trump's Truth Social meme stock has cratered — in a drop that's wiped out a whopping $4 billion of Trump's personal 114.75 million share stake before he's even free to sell the dodgy stock.

    Shares of Trump Media & Technology Group hit an all-time low last week, dropping below $18. That's a tiny fraction of what they were worth after the company merged with a blank check acquisition company in March, when they initially spiked to nearly $70 per share.​

    In just ten days, Trump will have a big decision to make. September 19 marks the end of a six-month lockup period, which means he'll be free to sell off his stake, which could bludgeon the value of the already-eviscerated stock even further.

    But whether Trump will sell remains unclear. Now that TMTG shares have sunk to all-time lows, it's not exactly a lucrative time to get out. Besides, selling would almost certainly crash the stock even further.​
     
    #35 adoo, Sep 10, 2024
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  16. deb4rockets

    deb4rockets Member
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    #36 deb4rockets, Sep 11, 2024
  17. adoo

    adoo Member

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    #37 adoo, Oct 15, 2024
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  18. adoo

    adoo Member

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    #38 adoo, Oct 15, 2024
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  19. SamFisher

    SamFisher Member

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    That's great.

    I saw it was at 30 this AM and reloaded on Puts .

    Glad I did. I wonder if the guys putting in nonsense Trump futures market bets last week were doing it to pump & dump DJT shares & options bc the 2 are very correlated. Sounds very illegal to me, but, i mean DJT itself seems like it should be illegal so whatever
     
    #39 SamFisher, Oct 15, 2024
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